PayPal and Nvidia Sink as KASE Global Nears Weekend Close
ASIA FINAL MINUTES · SATURDAY, 29 AUGUST 2026 SGT
PayPal and Nvidia sink as KASE Global nears weekend close
KASE Global is repricing US-listed shares into its Friday close: PayPal, Qualcomm and Nvidia lead losses while Microsoft and Amazon advance. Earlier Asian benchmarks remain sharply divided.
KASE Global continuous counter-auction
Split, concentration-heavy
AI exposure paid in Taiwan, Japan and India, but the same theme magnified Korea’s profit-taking.
Index gains outran breadth
India rose with 10 of 16 sectors lower; mainland China and Korea closed negative despite gains elsewhere.
US-share repricing accelerates
KASE’s 21:49 board shows PayPal down 12.14%, Qualcomm 8.05% and Nvidia 4.05%, while Microsoft rises 3.31%.
KASE Global keeps Asian cash equities open
Official board updated 28 Aug · 21:49 ALMT; accessed 21:52
Official KASE Global board updated at 21:49 ALMT and accessed at 21:52. Prices and one-day changes are venue-published snapshots, not a guarantee of continuous two-way liquidity. Session closes at 22:00 ALMT / 01:00 SGT.
The divergence in one screen
Official closes or latest verified delayed closes; local market dates are 28 Aug
AI demand, three different outcomes
- Taiwan: TSMC rose 0.6%, MediaTek 1.9% and Delta Electronics 2.2% as AI demand lifted TAIEX.
- Japan: Advantest gained 1.9% and Taiyo Yuden 3.9%; TOPIX outpaced Nikkei.
- India: IT jumped 3.5%, cushioning weaker breadth and lifting the benchmarks.
Korea’s chip unwind dominated
India’s IT surge hid weak sector breadth, while Korea’s chip-heavy benchmark ended a three-session rally with the region’s sharpest fall.
Currencies confirm selective risk
Warsh’s inflation warning shifted the immediate risk from earnings dispersion to policy repricing.
Catalyst clock
- Kazakhstan market holidayKASE’s calendar lists no trading; late-Asia liquidity shifts elsewhere.
- MSCI index rebalancingPotential rupee and equity-flow volatility.
- South Korea August trade dataConsensus exports +62.6% y/y; chips are the core test.
What can break the setup
- Fed repricing: Warsh’s explicit rate-hike warning can pressure Asian technology multiples and regional currencies.
- Korean concentration: another foreign-led fall in Samsung and SK hynix can outweigh solid export fundamentals.
- China breadth: Shanghai, CSI 300 and Shenzhen weakness leaves no mainland confirmation of the regional risk bid.
- Late-session liquidity: KASE Global prints prove trading availability, not deep two-way liquidity in every instrument.
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![Asia Stock Market Today 29/08/2026 [UPDATE: 00:55 SGT] [PayPal and Nvidia Sink as KASE Global Nears Weekend Close]](https://ts2.tech/wp-content/uploads/2026/08/Asia-market-dashboard-2026-08-29-0053-480x384.jpg "Asia Stock Market Today 29/08/2026 [UPDATE: 00:55 SGT] [PayPal and Nvidia Sink as KASE Global Nears Weekend Close]")
